Banks and non-banking financial companies (NBFCs) may require a blank cheque from the personal loan applicants. The lenders ask for a blank cheque as a security against loan defaults, if any. It is ...

Jonathan Carroll receives funding from the ARC in the form of a Research Associate position for an ARC Laureate Fellow. He is affiliated with The University of Adelaide. What could I do with a blank ...

As personal loans become increasingly accessible in the country, many borrowers are often found questioning the importance and necessity of providing a blank cheque during the submission of loan ...